Civic Intelligence

Permian Basin Geophysical Society

EIN 75-6081452 • 501(c)6 • Midland, TX

Profile

The permian basin geophysical society is

P O Box 361Midland, TX 79702

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Net Margin

1st percentile

-239%

Higher net margin than 1% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

38th percentile

-0.1%

Faster asset growth than 38% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$644,768

Down $802 (-0.1%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$644,768

Down $802 (-0.1%) from 2024

Operations
Liabilities / Revenue26th percentileNet Margin1st percentile

Revenue

Down

$335

Down $56,179 (-99%) from 2024

Expenses

Down

$1,137

Down $35,479 (-97%) from 2024

Net Income

Down

-$802

Down $20,700 (-104%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth38th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $574,287Liabilities 2011: $0Net Assets 2011: $574,2872011Assets 2012: $572,963Liabilities 2012: $0Net Assets 2012: $572,9632012Assets 2013: $578,495Liabilities 2013: $0Net Assets 2013: $578,4952013Assets 2014: $581,006Liabilities 2014: $0Net Assets 2014: $581,0062014Assets 2015: $580,359Liabilities 2015: $0Net Assets 2015: $580,3592015Assets 2016: $565,424Liabilities 2016: $0Net Assets 2016: $565,4242016Assets 2017: $567,496Liabilities 2017: $0Net Assets 2017: $567,4962017Assets 2018: $593,935Liabilities 2018: $0Net Assets 2018: $593,9352018Assets 2019: $591,383Liabilities 2019: $0Net Assets 2019: $591,3832019Assets 2020: $591,603Liabilities 2020: $0Net Assets 2020: $591,6032020Assets 2021: $588,767Liabilities 2021: $0Net Assets 2021: $588,7672021Assets 2022: $595,476Liabilities 2022: $0Net Assets 2022: $595,4762022Assets 2023: $625,672Liabilities 2023: $0Net Assets 2023: $625,6722023Assets 2024: $645,570Liabilities 2024: $0Net Assets 2024: $645,5702024Assets 2025: $644,768Liabilities 2025: $0Net Assets 2025: $644,7682025

Highlighted filing

2025

Assets$644,768
Liabilities$0
Net Assets$644,768
Open 2025 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $525,704Expenses 2011: $69,977Net Income 2011: $455,7272011Expenses 2012: $69,3472012Expenses 2013: $88,5872013Revenue 2014: $89,568Expenses 2014: $87,057Net Income 2014: $2,5112014Revenue 2015: $90,939Expenses 2015: $91,585Net Income 2015: -$6462015Revenue 2016: $63,168Expenses 2016: $72,187Net Income 2016: -$9,0192016Revenue 2017: $52,304Expenses 2017: $50,232Net Income 2017: $2,0722017Revenue 2018: $80,766Expenses 2018: $54,328Net Income 2018: $26,4382018Revenue 2019: $92,657Expenses 2019: $95,209Net Income 2019: -$2,5522019Revenue 2020: $71,231Expenses 2020: $71,009Net Income 2020: $2222020Revenue 2021: $3,097Expenses 2021: $5,934Net Income 2021: -$2,8372021Revenue 2022: $48,201Expenses 2022: $41,492Net Income 2022: $6,7092022Revenue 2023: $60,089Expenses 2023: $29,893Net Income 2023: $30,1962023Revenue 2024: $56,514Expenses 2024: $36,616Net Income 2024: $19,8982024Revenue 2025: $335Expenses 2025: $1,137Net Income 2025: -$8022025

Highlighted filing

2025

Revenue$335
Expenses$1,137
Net Income-$802
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$644,768
Liabilities
$0
Net assets
$644,768
Revenue
$335
Expenses
$1,137
Net income
-$802
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$0.00$6.45$0.00$0.01$0.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.46$0.00$6.46$0.57$0.37$0.20
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.26$0.00$6.26$0.60$0.30$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.95$0.00$5.95$0.48$0.41$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.89$0.00$5.89$0.03$0.06$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.92$0.00$5.92$0.71$0.71$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.91$0.00$5.91$0.93$0.95$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.94$0.00$5.94$0.81$0.54$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.67$0.00$5.67$0.52$0.50$0.02
2016Detailed filing. Detailed filing data is available for this year.$5.65$0.00$5.65$0.63$0.72$0.09
2015Detailed filing. Detailed filing data is available for this year.$5.80$0.00$5.80$0.91$0.92$0.01
2014Detailed filing. Detailed filing data is available for this year.$5.81$0.00$5.81$0.90$0.87$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.78$0.00$5.78$0.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.73$0.00$5.73$0.69
2011Summary only. Only limited summary data is available for this year.$5.74$0.00$5.74$5.26$0.70$4.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 20, 2025
Return Version
2024v5.0
Gross Receipts
$335
Mission and Program Overview

Mission

The permian basin geophysical society is incorporated for the pursose of promoting interest, participation and education in the science of geophysics and geology, through the cooperative

The permian basin geophysical society is incorporated for the purpose of promoting interest, participation, and education in the science of geophysics and geology, through the cooperative

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$532,207$532,207→ $0
Cash and Non-Interest-Bearing Accounts$113,363$112,561▼ $802
Total Assets$645,570$644,768▼ $802
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$645,570$644,768▼ $802
Total Net Assets Fund Balance$645,570$644,768▼ $802
Total Liabilities and Net Assets / Fund Balance$645,570$644,768▼ $802

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$4,824$4,824
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Ron BiancoPresident
Richard EdenPresident El
Sumit VermaSecretary
Jason WagnerTreasurer
Frelynn CohrsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$325
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$0
Change in Net Assets
$-802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,137
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$750-$750
Advertising-$375-$375
Office Expenses-$12-$12
Total Functional Expenses$0$1,137$0$1,137
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Permian Basin Geophysical Society
EIN
75-6081452
Phone
4325285724
Address
P O BOX 361, MIDLAND, TX 79702

Signing Officer

Name
Jason Wagner
Title
Signing Officer
Phone
4326863725
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Wagner
Formed
1969
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Bennett Bennett & Trice Pllc
Address
6807 INDIANA AVE STE 200, LUBBOCK, TX 79413-6109
Preparer
Russell D Bennett CPA
Phone
8065895111
Raw XML Appendix233 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
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IRS990/AdvertisingGrp/ManagementAndGeneralAmt0375
IRS990/AdvertisingGrp/TotalAmt0375
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0JASON WAGNER
IRS990/BooksInCareOfDetail/PhoneNum04326863725
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 361
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIDLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079702
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0113363
IRS990/CashNonInterestBearingGrp/EOYAmt0112561
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0325
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010
IRS990/CYOtherExpensesAmt01137
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-802
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01137
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0335
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THIS ORGANIZATION HOSTS AN ANNUAL GOLF TOURNAMENT TO RAISE MONEY FOR SCHOLARSHIPS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0750
IRS990/FeesForServicesAccountingGrp/TotalAmt0750
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RON BIANCO
IRS990/Form990PartVIISectionAGrp/PersonNm1FRELYNN COHRS
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD EDEN
IRS990/Form990PartVIISectionAGrp/PersonNm3SUMIT VERMA
IRS990/Form990PartVIISectionAGrp/PersonNm4JASON WAGNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT EL
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0335
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt010
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04824
IRS990/LandBldgEquipCostOrOtherBssAmt04824
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0325
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0645570
IRS990/NetAssetsOrFundBalancesEOYAmt0644768
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0645570
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0644768
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012
IRS990/OfficeExpensesGrp/TotalAmt012
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JASON WAGNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THIS ORGANIZATION HOLDS VARIOUS MEETING THROUGHTOUT THS YEAR FOR THE PURPOSE OF EDUCATING AND PROMOTING THE FIELDS OF GEOPHYSICS AND GEOLOGY
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt056506
IRS990/PYInvestmentIncomeAmt08
IRS990/PYOtherExpensesAmt036616
IRS990/PYRevenuesLessExpensesAmt019898
IRS990/PYTotalExpensesAmt036616
IRS990/PYTotalRevenueAmt056514
IRS990/ReconcilationRevenueExpnssAmt0-802
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0532207
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0532207
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04824
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04824
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
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IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0645570
IRS990/TotalAssetsEOYAmt0644768
IRS990/TotalAssetsGrp/BOYAmt0645570
IRS990/TotalAssetsGrp/EOYAmt0644768
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0325
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum04326863725
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ReturnHeader/ReturnTs02025-11-03T10:00:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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No mirrored PDF or thumbnail assets are attached yet.